Opal Balance Investments Balance Sheet Health
Financial Health criteria checks 3/6
Opal Balance Investments has a total shareholder equity of ₪211.2M and total debt of ₪149.6M, which brings its debt-to-equity ratio to 70.8%. Its total assets and total liabilities are ₪369.3M and ₪158.1M respectively.
Key information
70.8%
Debt to equity ratio
₪149.63m
Debt
Interest coverage ratio | n/a |
Cash | ₪13.53m |
Equity | ₪211.24m |
Total liabilities | ₪158.09m |
Total assets | ₪369.33m |
Recent financial health updates
No updates
Recent updates
Opal Balance Investments Ltd's (TLV:OPAL) Shares Lagging The Market But So Is The Business
Jan 23Would Opal Balance Investments Ltd (TLV:OPAL) Be Valuable To Income Investors?
Apr 08Opal Balance Investments Ltd (TLV:OPAL) Looks Interesting, And It's About To Pay A Dividend
Mar 13Shareholders Of Opal Balance Investments (TLV:OPAL) Must Be Happy With Their 69% Return
Feb 22Do Insiders Own Lots Of Shares In Opal Balance Investments Ltd (TLV:OPAL)?
Jan 25You Have To Love Opal Balance Investments Ltd's (TLV:OPAL) Dividend
Dec 25Is It Smart To Buy Opal Balance Investments Ltd (TLV:OPAL) Before It Goes Ex-Dividend?
Nov 20Financial Position Analysis
Short Term Liabilities: OPAL's short term assets (₪285.5M) exceed its short term liabilities (₪156.7M).
Long Term Liabilities: OPAL's short term assets (₪285.5M) exceed its long term liabilities (₪1.4M).
Debt to Equity History and Analysis
Debt Level: OPAL's net debt to equity ratio (64.4%) is considered high.
Reducing Debt: OPAL's debt to equity ratio has reduced from 261.9% to 70.8% over the past 5 years.
Debt Coverage: OPAL's debt is not well covered by operating cash flow (6.7%).
Interest Coverage: Insufficient data to determine if OPAL's interest payments on its debt are well covered by EBIT.